Back 2 Mount Mitchell Street
Off Market

2 Mount Mitchell Street

Park Ridge QLD 4125

5
3
2
400 m²
House
Last sold for $1,035,000
Keneesha DimmickKeneesha Dimmick, last sold this property on 26 August 2026 after 64 days on market.

Overview

Strong Income Potential with Flexible Dual Living Home

Positioned on a generous 400m² block in one of South-East Queensland's fastest-growing suburbs, this modern dual-occupancy property presents an exceptional opportunity for investors seeking strong rental returns or families looking to accommodate multiple generations under one roof. Offering a combined total of five bedrooms, three bathrooms and two secure garages, this well-designed property features two separately leased residences, delivering immediate income from day one. The three-bedroom residence is currently leased until December 2026 at $550 per week, increasing to $580 per week from 22 September 2026, while the two-bedroom residence is leased until February 2027 at $450 per week. This provides a current combined rental income of $1,000 per week, increasing to $1,030 per week from September 2026. The larger residence has been thoughtfully designed for comfortable family living, featuring three spacious bedrooms with built-in wardrobes, two modern bathrooms, air-conditioning, ceiling fans throughout and easy-care tiled flooring. The open-plan kitchen, living and dining area flows seamlessly to a covered outdoor patio, creating the perfect space for entertaining or relaxing. A fully fenced yard and single lock-up garage complete the package. The second residence offers two generous bedrooms with built-in wardrobes, air-conditioning and ceiling fans throughout. Designed with practicality in mind, it also includes a covered outdoor patio, fully fenced private yard and a single lock-up garage, ensuring excellent appeal for tenants and occupants alike. Located in the thriving Park Ridge community, this property enjoys close proximity to quality schools, shopping centres, parks and public transport. Families will appreciate being just moments from local education options, including Logan Reserve State School and Corymbia State School approximately 2.5km away. Brisbane CBD is approximately 22km away, while the Gold Coast is approximately 59km away, providing convenient access to both major centres. With ongoing infrastructure investment, continued population growth and rising demand for quality housing in the area, this property represents a rare opportunity to secure a modern dual-living asset with excellent growth potential and strong rental yield. Whether you're expanding your investment portfolio or seeking a versatile property for extended family living, 2 Mt Mitchell Street, Park Ridge delivers outstanding value, flexibility and future potential. Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property. If this property is being sold by auction or without a price, a price guide cannot be provided. The website may have filtered the property into a price bracket for functionality purposes.

Features

5 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
400 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Park Ridge over the last 12 months, the estimated median property value of 2 Mount Mitchell Street is $1.1m.

Median value
$1.1m
Estimated value range
$840k - $10.3m
Median days on market
32
Estimated value trend
13%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Park Ridge. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2 Mount Mitchell Street

2026
Sold
$1,035,000
26 Aug 2026 by Keneesha Dimmick, of Coronis South

Happy sellers in Park Ridge

90%
90% of sellers in Park Ridge reported that their sale price either exceeded or met their price expectations.

Park Ridge stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 64 reviews in Park Ridge over the last 12 months.

Local market activity for 5 bedroom houses in Park Ridge

In the last 12 months, 26 five-bedroom houses similar to 2 Mount Mitchell Street, have been sold.

This represents a 4% increase in five-bedroom houses sales when compared to the previous 12 months.

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